Why the collapse in Bitcoin price.

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  • Bitcoin fell below $80,000 for the first time since April 2025.
  • More than $2 billion of bitcoin long and short positions have been liquidated since Thursday, according to data from Coinglass.
  • The crypto market drop comes after a fall in global equities and a drop in the price of gold and silver.

Bitcoin
extended losses on Monday as the world’s biggest cryptocurrency fell below $80,000 for the first time since April 2025.

Bitcoin was trading at $77,494.65 at 05:43 a.m. ET on Monday, according to CoinMetrics. Bitcoin fell as low as $74,876 but later pared some of the losses. The digital coin has fallen about 12% in the last seven days, wiping off more than $200 billion in value from the bitcoin market, CoinMarketCap data shows.

Bitcoin fell below $80,000 over the weekend.

MORE:

https://www.cnbc.com/2026/02/02/bitcoin-btc-price-today-cryptocurrency.html

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